Friday brings a number of known market movers, so let's take a closer look with the Economic Calendar.
Starting things off at 9:30 in the morning are two news releases regarding the UK economy in December, and Industrial Production is one of them. Output returned to growth in November, but the strong gain did come from several one-off factors and this release is expected to show a more modest increase.
Trade Balance comes at the same time. Trade deficit widened in November as imports outpaced the exports.
Canadian Labour Report for January is out at 1:30 PM GMT, and it is a high importance release for the Loonie Dollar traders. The December report surprised on the upside and, most notably, there was a strong gain in full-time jobs.
The closely watched preliminary estimate of University of Michigan Consumer Confidence for February follows at 3. The preliminary January estimate suggested the Index had eased from its December peak, but the final figure was revised upwards, reaching a record-high level.
UK NIESR Monthly GDP Estimate for January comes at the same time. The previous release covered the fourth quarter and showed a steady half a percent gain.
And US Federal Budget Balance for January concludes the schedule at 7. The budget deficit was larger than expected in December, almost twice the 14.4 billion deficit a year ago.
You've been watching the Economic Calendar for Friday, the 10th of February. I'm Kiays Khalil and we'll be back with the next overview of news releases for Monday.
Video made by Dukascopy specialists
